FINANCE NOTE

U.S. Bancorp (NYSE: USB) — Q3 2026 Pre Earnings

What to watch
Commercial Lending is U.S. Bancorp's leading product

Commercial Lending sits within U.S. Bancorp’s Wealth, Corporate, Commercial and Institutional Banking segment, 48.9% of revenue before inter-segment elimination, which grew 17.1%. No other company grew faster among the three companies in the group, and U.S. Bancorp depends on it more than any peer.

See every company in Commercial Lending →
Other banks disclose similar divisions as Business Lending and Corporate Lending.
Growth rank
#1 of 3
↑ 17.1% year on year in the reported segment
Size rank
#2 of 3
$3.77B segment revenue
Share of the combined segments
28.6%
of $13.16B across 3 companies that report one
Dependence on this segment
48.9%
of USB’s total revenue

Who else sells Commercial Lending

The revenue segment each company reports that contains this product. 3 companies.

CompanyQuarterRevenue segmentSegment revenue% of companyGrowth
WFCQ2 FY2026 · Jun 30, 2026Corporate and Investment Banking$5.43B23.4%↑ 16.1%
WFCQ2 FY2026 · Jun 30, 2026Commercial Banking$3.12B13.5%↑ 6.3%
USBQ2 FY2026 · Jun 30, 2026Wealth, Corporate, Commercial and Institutional Banking$3.77B48.9%↑ 17.1%
COFQ2 FY2026 · Jun 30, 2026Commercial Banking$850M5.4%↓ 9.3%

Peer rank: year-on-year growth

Growth of the reported segment, latest quarter. A company with several segments shows its fastest.

USB
17.1%
WFC
16.1%
COF
9.3%

Concentration: share of company revenue

How much of each company’s total revenue sits in the segment above.

USB
48.9%
WFC
36.9%
COF
5.4%

Combined segment revenue

The 3 companies that report a segment for this product earned this in those segments in their latest quarters. It is the revenue of the whole reported segment, not of the product alone.

$13.16B

Coverage: Nasdaq 100 and S&P 100 companies mapped to Commercial Lending (3 companies, 3 disclose a segment). Quarters differ by company; each row shows its own period end date.

Source: Revenue segments as reported in each company’s SEC filings. Products are mapped to segments from company pages.

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